Answer:
The Uniform Commercial Code section 3-311
Explanation:
Uniform commercial code is a standardized set of laws and regulations for transacting business. Then UCC code was established because it was becoming increasingly difficult for companies to transact business across sates line given the various state laws.
Uniform Commercial code (UCC) laws regulate sales of personal property and various other transactions.
Generally, UCC article 3 applies to the negotiable instruments: drafts and notes representing a promise to pay a sum of money, and they have independent value because they are negotiable.
Answer:
The answer is 6.17%.
Explanation:
We apply the Dividend Model for solving the questions.
Denote g as the constant dividend growth rate after 3 years which needs to be found.
The principle in the Dividend model is: Current share price = Projected present value of all expected future dividend discounted at company's cost of equity rs =16%.
Thus Current share price = Present value of Dividend paid in Y1 + Present value of Dividend paid in Y2 + Present value of Dividend paid in Y3 + Present value of dividend perpetuity growth after Y3.
=> 51 = (3 x 1.25) / 1.16^1 + (3 x 1.25^2)/ 1.16^2 + (3 x 1.25^3)/1.16^3 + [3 x 1.25^3 x (1+g)]/(0.16-g)/1.16^3 <=> [5.8594 x (1+g)]/(0.16-g)/1.16^3 = 40.5298 <=> [5.8594 x (1+g)]/(0.16-g) = 63.2628 <=> 5.8594 + 5.8594g = 10.1220 - 63.2628g <=> 69.1222g = 4.2626 <=> g = 6.17%.
Thus, the constant rate the stock's dividend expected to grow after Year 3 is 6.17%
Answer:
"Your last report contained seven errors which I think you could improve."
Explanation:
Performance feedback is used to give an employee a specific feedback about his work. The statement is specific to the performance metric and provides quantitative information about work performed.
In this scenario the statement "Your last report contained seven errors which I think you could improve." Has a feedback about the employee report, the quantitative aspect states that there were 7 errors in the work.
Answer:
The correct answer is letter "E": competing on differentiation.
Explanation:
Competing on differentiation or a Differential Advantage is an advantage a firm has over its competitors due to some unique features. That characteristic is intrinsic of the good or service ad does not imply talking about pricing as in comparative advantage.